For all you "Across the Pond" - LOL

Netflix Prepares for International Expansion

Netflix appears to be ready to take their video rental service to international markets, a recent job posting suggests.

The company has an opening for a Director of Product Management to “drive the Netflix team to clearly understand what work must be done, and in what order, to achieve international scale most quickly.”

Stateside, Netflix is doing quite well. Its video streaming service is now in high demand on Nintendo Wiis and iPads and is coming soon to iPhones and iPod touches.

In its earnings report just a week ago, the company reported a large increase in new subscribers, earnings upwards of $32.3 million for its fiscal first quarter and a 25% increase of overall revenue to $493.7 million.

At this rate, Netflix certainly has the capital to fund international expansion efforts. Moving outside U.S. borders is the logical next step for the movie rental service if it intends to continue to dramatically grow its subscriber base.

Consumers seem to be quite pleased with company for the time being, despite its recent deals to delay new releases in exchange for more library content. What remains to be seen is whether or not international customers will embrace the service as openly as American renters.